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Australian opportunities: low carbon
• Ratified Kyoto protocol in 2007 and introduced a price on carbon on July 1 2012
• Needs to double renewable energy use by 2020 to meet legally binding Renewable Energy Target (RET)
• Recently announced it will link its new carbon price to the EU carbon trading scheme by 2018
• Contact [email protected] for more information
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Australian opportunities: e-commerce
• Australians spent around £7 billion online in 2011
• Online sales grew 90% from 2010 to 2011
• Opportunities in sporting and outdoor goods, cosmetics and beauty products, books, media and fashion
• Goods under $1,000 bought overseas do not attract 10% GST
• Contact [email protected] for more information
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Australian opportunities: healthcare
• Rated as the best Healthcare market in the Asia Pacific region for doing business
• Australian healthcare industry currently generates revenue of A$92 billion (£57 billion) per year
• Forecast to rise to A$113 billion (£70 billion) within five years
• Contact [email protected] or read our healthcare sector briefing for more information FreeDigitalPhotos.net
Opportunities for British Business in Australia and New Zealand - 2013 8
‘Australia today has an
extraordinary opportunity to be an integral part of the foundations
of the Asian century’
Hamish Tyrwhitt, CEO Leighton
Holdings
Australian infrastructure trends
Opportunities for British Business in Australia and New Zealand - 2013 5
Australian opportunities: Infrastructure
• Industrial Communities - building infrastructure to support mining projects in remote locations
• Intermodal Hubs - integrating industry with city needs
• Sustainability – moving to ‘Smart’ & ‘Green’ precincts
• Renewable Energy
• Food Security – building infrastructure to cope with extreme weather and monsoonal cycles
• Contact [email protected] for more information.
Credit to Chris Ryan, OJO Images, Getty Images
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Australian opportunities: ports
• 99% of Australia’s exports by sea
• High demand for Australian resources (particularly commodities) has driven large ports investment
• £100 billion investment needed into new logistical infrastructure
• Read more about opportunities in the Australian ports sector
• Contact [email protected] for more information
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Australian opportunities: oil and gas
• UKTI estimates £85bn invested in Australian O&G in 2012
• Designated as UKTI High Value Opportunity for 2013
• Australian upstream oil and gas industry expected to grow at two to three times the rate of the economy for at least the next 15 years.
• Read more in the oil and gas sector briefing or contact [email protected]
Opportunities for British Business in Australia and New Zealand - 2013 8
Australian opportunities: mining
• Australia’s currently going through a commodities boom largely driven by China’s rapid industrial development
• Significant mining areas of Australia:– Goldfields, Peel and Pilbara regions of
Western Australia
– The Hunter Valley in New South Wales
– Bowen Basin in Queensland
– Latrobe Valley in Victoria
• Mining and mining services industries have doubled in size from 2002-03 to be 20% of GDP in 2011-12
• Contact [email protected] for more information
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Australian opportunities: financial services
• Emerged from the global financial crisis relatively intact
• Finance and insurance is the largest sector in the Australian economy, worth more than £83 billion in 2011
• Australia has world’s fourth largest asset pool due to ‘superanuation’. Assets reached approx £900 billion June 2011
• Contact [email protected] for more information
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Australian opportunities: ICT
• ICT contributes 4.6 % of Australia’s GDP (AU $82 billion) IBSA Dec 2010
• Building v fast broadband network to cover 95% of population (in 8-10 yrs)
– At A$35.7 billion it’s the most expensive infrastructure project in Australia’s history
• Opportunities in e-Health, e-Learning, digital entertainment, e-commerce for mobile
• Internet usage in Australia is 90% penetration (5th best in the world)
• Contact [email protected] for more information
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New Zealand opportunities - Infrastructure
• $25 Billion in expenditure planned for the next four years over five main areas of infrastructure development
1. Transport
2. Telecommunications
3. Energy
4. Water
5. Social
• Focus on rebuild of Christchurch and Auckland Infrastructure
UKTI New Zealand – Opportunities for British Business 07/11/2012 11
Credit to Chris Ryan, OJO Images, Getty Images